Re: DEX's with MILLIONS in volume, COULD make you stinking rich, here's why.
All is the theory that you are giving to compare with other DEXs. But now I want you to think of IDEX, which is one of the oldest DEXs of crypto market and huge volume. What do you think could make Blocknet different and beat IDEX soon in the future? most people now only use IDEX and Binance DEX because of its reputation and I see very few people mention Blocknet. So, do you have any plans for future marketing?
You cannot compare and apple with an orange.
IDEX And the Binance "DEX" is NOT a DEX. Not a real one to be exact. Why?
IDEX enforced KYC - KYC = Not a real DEX.
The Binance DEX and it's nodes is ran and operated by Binances themselves, which makes it centralized
Blocknet's nodes is owned by the investors in the project. There are more than 200 nodes online, which can handle all the transactions on the network itself. These nodes will earn on the trading fees associacted while people trade, the same cannot be said about either IDEX or Binance.
See the difference?
In other words, you can profit passively off Blocknet's DEX trading fees, including their upcoming oracle network and Infura solution which will beat Ethereums by a long shot.
Reputation is key, I get it, so is volume on the DEX itself. Volume will without a doubt increase as Blocknet is soon releasing their Litewallet, which will have their DEX integrated, so you don't have to download any blockchains in order to trade. Convenience is key.